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What is an interemporal commitment mechanism and why is it important?
suppose your friend macklemore derives utility only from purchasing clothing and food. his utility curve is given
Assume that the exchange rate between the Canadian dollar and the Euro is 2 Euros per Canadian dollar.
Assume the market can be described through the following three sources of systematic risk with associated risk premiums.
Show graphically the effects on the macroeconomy of a sharp rise in OPEC oil prices in? A. the short run and B. the long run. How do you account for the differences in your answers to parts A and B?
Describe the "value effect" and the "volume effect" using the following two equations: Trade Balance = Pexports x Qexports - Pimports x Qimports AND Pimports = E x P*
Illustrate what economic policy should be adopted by regions with persistent economic problems.
Assume that your first salary coming out of UCLA is $63,000, that your boss gives you a promotion every year of 2%. Assuming that the interest rate is 6%, how much would your human capital be worth if you were able to live forever?
Marginal Revenue (MR) = $130 Total Cost (TC) = $1,100 + 135Q + 0.6Q2 Marginal Cost (MC) = 135 + 1.2Q As the plant manager, should you recommend to the owners that the plant be shut down for a while? Justify your answer using at leas..
Provide an example of the Fed's actions listed in the textbook or from the October 30th FOMC press release. 4. If the economy is currently in a long-run equilibrium and the central bank increases the money supply, what effect does this have on the ..
(Excel exercise) Federal Reserve bank of St. Louis (http://research.stlouis.org/fred2/) provides data on the U.S. economy. The data needed for this exercise is also available on the course Moodle under "US-CPI and Unemployment-Annual". The data set c..
Illustrate what would happen to general and specific training in labor markets.
The individual demand curves for food for 2 households. These are household A and household B. The demand for household A for food is given.Calculate the market demand for food.
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